SAN DIEGO-The Park Crest senior apartment complex located at 5330 Orange Avenue in San Diego has been acquired by the San Diego Housing Commission for a price of $6.4 million. The Walz Family Trust was the seller of the three-story multifamily complex spanning 34,754 square feet. Colliers International negotiated the deal on behalf of both the seller and the buyer.
The public agency intends to run the property featuring 71 one-bedroom, one-bath apartments as a senior affordable housing apartment complex. For the full story, go to The San Diego Metropolitan .
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